Rosstat: the decline of industrial production in Russia in October slowed down to 3.6%

Rosstat: the decline of industrial production in Russia in October slowed down to 3.6%


The decline in industrial production of Russia in October 2015 was 0.1% against growth on 0,6% in September. The decline has accelerated over the past three months.

MOSCOW, 17 Oct. The decline of industrial production in Russia in October in annual terms slowed to 3.6% from 3.7% in September, in January-October decline accelerated to 3.3% from 3.2% in January-September, according to Rosstat.

With the exception of a seasonal decline in industrial production in October this year to September, up 0.1% against growth on 0,6% in September, stated the Agency.

Mineral production in October showed an increase of 1.4% in annual terms compared to September of 0.8%. Manufacturing production in October accelerated the decline yoy to 5.9% (from 5.4% in September), decrease in the production of electricity, gas and water accelerated to 3.6% from 2.6% a month earlier.